After Two Years, Illinois Has A State Budget Again

Supporters of the tax hike present it as responsible governance in the face of dire circumstances.

IL - which has been without a budget since 2015 - concluded its historic impasse Thursday when the state House of Representatives overrode Republican Gov. Bruce Rauner's veto, breaking a dramatic 736 days of partisan gridlock.

The Illinois state budget passed by the House of Representatives on Thursday night not only restores about $1.8 million in Illinois owners' awards payments that weren't made available the last two years, it doubles them to about $3.67 million, according to a press release from the Illinois Thoroughbred Horsemen's Association, which helped lobby the legislature.

In a flurry of wide-ranging reaction after the vote, supporters of the measure - including Democrats, social agencies, labor unions and school-related entities - laid blame on Rauner for the long budget impasse and predicted the new measure will begin to fix the state's finances. "The state is imploding financially".

The state's finances remain a mess, with over $15 billion in overdue bills because of the budget standoff. Madigan, who next year will become the longest serving state House speaker in the nation's history, had to call upon previously reluctant Democrats to keep the veto-override supermajority intact. "We're out of cash", Andersson said Thursday on the floor of the House, "Our state employees are gonna get laid off".

More than that, say critics, the new plan leaves in place the state's plethora of other taxes that conservatives have long complained are a drag on the economy, particularly its high property and sales taxes. "We can do better", Frese said.

"No matter our differences, I hope we can agree that our state is worth fighting for", Mendoza said in a video statement after the budget passed. "I am confident voters will hold these politicians accountable for choosing Mike Madigan over the people of IL", he said.

Jackie Perlman, a tax analyst at The Tax Institute at H&R Block, found that a single taxpayer making $50,000 a year would pay around $287 more in 2017 compared to 2017 and $574 more from 2016 to 2018.

But Illinois Republican Party Chairman Tim Schneider said in a statement that he was "extremely troubled" that Republicans had voted to override the vetoes. Two agencies gave IL some breathing room Monday after the weekend tax vote.

The vote was delayed over an hour after the state capitol was put on lockdown due to white powder thrown in the vicinity of the governor's office. One person is in custody in connection with the incident.

No injuries have been reported, but the building is shut down until further notice.

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